FTXL is trading 1.57% higher as renewed AI optimism supports Nasdaq-related stocks.

  • Nasdaq futures were higher despite elevated oil prices and Treasury yields near 5.1%.
  • Stronger-than-feared durable-goods data reduced immediate growth concerns, while the 10-year Treasury yield recently reached its highest level since 2007, pressuring technology valuations.
  • Proposed superintelligence restrictions are not the primary catalyst, with the advance spanning the sector.